Markets

0.5% and Two Other Numbers You Need to Know

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The three numbers you need to start your day:

0.5% is how much the Dow gained on Tuesday, closing at a new high. That's in spite of the ongoing Italian bond fire.

The country's leadership doubled-down on its budget-deficit target. That target is cutting it close to the absolute limit the EU has set for Euro-countries and could spark a fiscal conflict.

Fear about weak banks and fragile government-budgets shook some investors, but not enough to keep the Dow down.

$15 per hour will soon be the minimum wage floor at Amazon, the company announced Tuesday. Starting Nov. 1 the wage floor will rise from roughly $13.

CEO Jeff Bezos said the move was in response to critics. What's also likely: Amazon competes for seasonal workers during the holidays--the busiest time of year for the company.

Other retailers could follow suit, which would eat into margins. That could be one reason why Amazon's stock fell along with other retailers on Tuesday.

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Tibor Kárpáti

11.5% is how much small-cap stocks have risen so far this year through September, outpacing large-cap rivals.

Think the Apple of insulin pumps-a company called Tandem Diabetes Care-running circles around streaming giant Netflix.

Yet so far in October, large-cap-stocks seem to be beating small-caps.

But don't count out the little guy yet-since 2000, anytime the performance gap between the two has widened to extremes, the small cap index, called the Russell 2000, has beaten the S&P in the following 20 trading days.

Write to Crystal Kim at crystal.kim@dowjones.com

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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